Category: Latest News

Monetary Institute Introduces Administrative and Budgetary Changes

Nairobi, Friday, April 25, 2019: The COMESA Monetary Institute has introduced changes in its administrative and budgetary matters to enhance the efficiency of the Institute in execution of its mandate. This follows the Extra-Ordinary meeting of the Bureau of the COMESA Committee of Governors of Central Banks in Nairobi, Kenya, on 26th April 2019. The…
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COMESA Hosts Coordination Forum with its Development Partners

Lusaka, Monday, May 6, 2019: The 2nd joint coordination forum of COMESA and its Development Partners began today in Lusaka, Zambia. The objective of the forum is to provide a platform for regular and structured dialogue at the policy and technical levels for constructive engagement and the promotion of best practices on development cooperation matters.…
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COMESA Countries Maintain High Sugar Production

Lusaka, Friday, May 3, 2019: Eight countries in the COMESA region have maintained their grip in sugar production with most of the raw produce being exported to the European Union, United States of America and China. The top producer of Sugar in the region is the Kingdom of Eswatini having produced over 650, 000 metric…
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Malawi Calls for Training in REPSS Usage

Lilongwe, Tuesday, April 30, 2019: Various stakeholders from financial institutions, cross border traders, importers and exporters in Malawi have called for a national workshop to help them build capacity on the use of the COMESA Regional Payment and Settlement System (REPSS). The stakeholders have requested the COMESA Secretariat to urgently organize the sensitization session which…
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EU and RECs Sign Financing Addendum to Regional Programme

Brussels, Tuesday, April 30, 2019: The EU Commission in Brussels and the Chief Executives of the five Duly Mandated Regional Organisation (DMROs) of the Eastern Africa, Southern Africa and the Indian Ocean (ES-SA-IO) have signed an addendum to the Regional Indicative Programme (RIP). The signing ceremony took place in Brussels on Tuesday 30 April 2019…
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COMESA Hands Over Coordination Chair of Regional Programme to EAC

Brussels, Monday, April 29, 2019: The 6th meeting of Chief Executives of the Duly Mandated Regional Organisations (DMROs) was held at the COMESA Brussels Liaison Office on the 29th April 2019. The meeting was chaired by Secretary General of COMESA Ms. Chileshe Kapwepwe. It was attended by the DMRO Chief Executives and technical experts representing…
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COMESA Internship Program Revamped – YEP!

THE COMESA Secretariat has revamped its existing internship program and created the Youth Educational Programme (YEP! COMESA) which is an internship programme for Youths aged 18 to 35 from the 21 Member States. The acronym YEP was chosen because it is an eye catching term that is being used by the youth to mean “yes”…
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COMESA launches Regional Seed label Online Verification System

COMESA has become the first regional trading bloc to launch an online seed label verification system in Africa and globally. The system will assist the region eliminate cases of fake seed and boost trade in quality and improved certified seed. The region has also scored another first by introducing COMESA Regional Certificates to be issued…
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Zambian Govt holds Sensitization Meeting on the TFTA

The Zambian government recently held a sensitization meeting with stakeholders on the Copperbelt mainly from the Chambers of Commerce and the private sector on the Tripartite Free Trade Area (TFTA). The meeting was held ahead of Zambia’s pending ratification of the TFTA Agreement. The Sensitization was facilitated by the Department of Foreign Trade in the…
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Fiscal Risk Testing Key to Prudent Public Finance Management – CMI

The COMESA Monetary Institute (CMI) has emphasized the importance of fiscal stress testing for financial institutions in the region as it leads to prudent management of public funds. CMI Director Mr Ibrahim Zeidy states that addressing fiscal risks is therefore the key element of the COMESA Multilateral Fiscal Surveillance Framework.  He was speaking in Nairobi,…
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